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20130201
20130209
Search Results 0 to 5 of about 6 (some duplicates have been removed)
cameras, but we managed to post a before-tax profit and after-tax profit. >> panasonic's net came to $670 million. group sales fell 8% from a year earlier. the company managed to cut costs by slashing jobs. a decline in the price of rare earths and other raw materials was also a help. the firm has kept its forecast for this fiscal year. it expects to lose more than $8 billion. panasonic officials says the business environment could change though the yen's decline would push up sales. competition in the digital product market has been intensifying. >>> sharp said it posted its first profit in five quarters in the final three months of last year. sharp executives say operating profit in the october to december period totalled about $28 million. that came largely from higher than targeted sales of smartphones and crystal television sets. the company set up a goal to start posting profits in the second half of this fiscal year that ended in march this is a condition for the firm to continue to receive support from its main banks. the managing director says the company will make speedy efforts
and digital cameras. but we managed to post a before tax profit and an after tax profit. >> panasonic's net came to $670 million. group sales were down, though, 8% from a year earlier. the company managed to cut costs by slashing jobs and a decline in the prices of rare earths and other raw materials was also a help. now the firm has kept its forecast for this fiscal year. it's expecting to lose more than $8 billion. panasonic officials explained that the business environment could change, though the yen's decline would push up sales. they also note that competition in the digital product market has been intensifying. many japanese manufacturing companies try to regain financial health employment is coming increasingly under pressure. the number of workers in the country has dropped now below 10 million, that's the first time that's happened in more than 50 years. researchers at the internal affairs ministry says the.90 million people were unemployed in manufacturing in december. that's down 350,000 from the same month a year ago. that was the first time since 1961. the figure also marks a
austerity measures upon them hiking their taxes and cutting public servants pay. opposition parties are demanding the prime minister's resignation. they say he's not fit to be leader as the country faces its fiscal crisis. he's deniedhe allegations. >> translator: i must reiterate what i said last saturday. nothing in report about me and my fellow party members is correct. what is being published in the media and otherwise expressed is competely and utterly false. >> the prime minister said he has no intention of stepping down. he's promised to release documents listing his income and assets. it's sent ripples through the financial market. the dow jones plunged 130 points. investors place orders on a wide range of shares after learning of the spanish government. there's another political worry in italy. it involves the prime minister. he's reportedly gaining support in the upcoming election. analysts say market players are concern these factors could trigger dot over financial reforms. the european political jitters hurt expectations of a further increase of the dow which rose to th
to a surplus. finance ministry officials said last year's tax revenues excluding debt servicing costs surpassed spending by 434 million euros. that's about $590 million. the previous year's primary balance was in a deficit by about $4.7 billion. the surplus in the primary balance is a key milestone in greece's efforts to restore its fiscal health. but the greek public is largely unhappy with the government's measures. major labor unions across the country are calling for a general strike later this month. >>> u.s. justice department officials have demanded $5 billion in damages from standard & poor. they say the credit rating agency caused losses to investors by giving high scores to mortgage-backed securities. department officials said they filed the civil lawsuit against the credit rating agency. they claim the s&p knew the housing market was at risk in 2007. they say they inflated their ratings of loans and other financial products to avoid losing clients. >> s&p misled investors, including ma federally insured financial institutions, causing them to lose billions of dollars. this alleged co
Search Results 0 to 5 of about 6 (some duplicates have been removed)